guys, need ur comment..

i have 2 k...only..dun know where to keep d money..with good interest..

las time i'm planning to keep into Jazmeen investment..but there's hv problem with bank negara tis morning and i think need to change my plan..

any recommand?

tq..

FD good interest with 0% risk

but i just have 2k only..how much d requirement for FD?

Pick up some blue chips stock now at bargain price or place 12 months FD at 3.70%

You can put 2k in a FD @ CIMB bank.

Market heading south generally, hold it close to your chest and wait until fear subside... then maybe can buy some blue chip for longer term... but make sure you have no immediate needs to utilize that fund.

put fd is safer. your 2K is not enough to buy any stock also.

Buy AMWAY counter. Its price is pretty flat and they pay annual dividend which is more than FD.

2k is enough to buy stocks but bluechips its not sufficient..

yeap put in FD for 8mths@3.8% ambank

This post has been edited by calvin00cool: Oct 14 2008, 09:13 PM

As the saying goes, make sure you have sufficient savings before thinking of investment.
Especially true in current market situations.
Only invest when you can afford to lose.
So just keep the RM2k in the bank. FD will do.

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Added on October 14, 2008, 10:21 pmBefore TS misinterpret....the interest rate is per annum.
So one has to fixed the deposit for full year to enjoy that rate. Wondering what's the rate per month, just do a rough calculation by dividing the rate by 12 and times how many months you want to place the deposit.

This post has been edited by b00n: Oct 14 2008, 10:21 PM

there is risk....tat is losing out to inflation....

fd also got risk? really...

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Added on October 15, 2008, 3:57 pmso..do i need to put under fd 1st?any risk? actually i'm not really know abt fd..might b u can explain me more..

This post has been edited by dian_kasalisa: Oct 15 2008, 03:57 PM

I would think it is better for you to invest your RM2000 in shorten deposit such as 1 month or 3 months. The reason being this is the only RM2000 you have and in the event of contingency, you can liquidate your investment fast and and easy.

must save how much only can buy blue chip?? blue chip means share?? like maxis blue chip?

why 2k not enuf to buy share??
now share can buy in 100 units instead of 1000 units!!
slowly buy and keep for long term... dividend higher then FD and may get bonus issue.. and etc... price may also go up
also got some benefits
like you buy Genting they give you free stay... shareholder mah but depend on the quantity

Not necessarily true.

FYI maxis no more listed.

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Added on October 15, 2008, 8:04 pmGot to check on the commision first.. If you buy less than RM 5000 PER transaction, your charges will be around RM 25 - RM 40.00

Take for examPLE amway 1 lot is RM 650... iF you buy 1 lot then the total charge will be RM 650 + RM 40 = RM 690


This post has been edited by darkknight81: Oct 15 2008, 08:04 PM

oh i c..so means i need to save my money to 5k only can buy blue chip?

typical like mentioned there's only 2 risk.
1) Inflation risk whereby you risk your interest earning is not able to cover the inflation rate. But basically it's not to any concern as your main purpose now is savings. Like I mentioned before, before you got any savings, don't talk about investment. Let's put it into a simple scenario, can you afford to loose that RM2k? Would you one day needed the RM2k.....I meant short term.
2) 2nd risk is if the bank goes bust. But than again PIDM insures deposits up to RM60k. Thus you get back your capital, but not sure whether or not the interest amount earned is being insured or not. ANyway, you still get back your capital as it is.


Yes, thats it. And there's no placement charges thus one doesn't loose the capital.


How does one guarantee the dividend? During bad times, they can't afford to give out dividends. Also, what's the price for Genting now? What can RM2k get? and with 100 units like you mentioned, what do you think the dividend amount you'll be getting?! I'll tell you it's peanuts.

Anyway like I stressed over and over again, do not ask others to invest in a riskier portfolio when one doesn't have any savings. In the event she needed the cash, she would be at the losing point when share prices is dropping like mad currently. So do not talk about investment when one cannot afford to loose.